FTAI’s High-Yield Senior Notes Offering

Cravath represented Fortress Transportation and Infrastructure Investors LLC (“FTAI”) in connection with its $150 million 144A/Reg. S high-yield senior notes offering. FTAI, which is externally managed by an affiliate of Fortress Investment Group LLC, develops and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. The transaction closed on May 21, 2019.

The Cravath team included associates Claudia J. Ricciardi, Sandeep S. Chhabra and Jessica M. Goodman on securities matters, and partners Andrew W. Needham and Christopher K. Fargo, senior attorney Andrew Carlon and associates Andrew L. Mandelbaum and Jiyeon K. Barta on tax matters.